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Equivalence scale and income  poverty: Two approaches how to estimate country-specific scale for the Czech Republic

Equivalence scale and income poverty: Two approaches how to estimate country-specific scale for the Czech Republic

The at-risk-of-poverty rate, the relative income poverty indicator applied in the EU, can be highly sensitive to the equivalence scale used to transform household income to an equivalent for individuals. This study applies two well-established approaches to estimate the equivalence scale: an ‘objective’ one, based on consumption expenditures available in the national Household Budget Survey, and a ‘subjective’ one, based on the Minimum Income Question available in EU–Statistics on Income and Living C…

Topics: Wages and Incomes, Standard of Living

Publication Type: Article with impact factor

Department: Economic and Religious Studies

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